Quarterly ResultJul 22, 2026, 04:07 PM
CSX Q2 Net Earnings Up 20.9% to $1.002B; New $5B Buyback Program
AI Summary
CSX Corporation reported strong financial results for Q2 2026, with net earnings increasing by 20.9% to $1.002 billion and revenue growing by 10.1% to $3.935 billion. The company also announced a new $5 billion share repurchase program, increasing total authority to $5.7 billion, and an 8% dividend increase to $0.14 per share. Operating income rose by 17.4% to $1.506 billion, reflecting robust performance.
Key Highlights
- Net earnings for Q2 2026 increased 20.9% to $1.002 billion from $829 million in Q2 2025.
- Revenue for Q2 2026 rose 10.1% to $3.935 billion compared to $3.574 billion in Q2 2025.
- Operating income for Q2 2026 grew 17.4% to $1.506 billion from $1.283 billion in Q2 2025.
- Diluted EPS for Q2 2026 was $0.54, up from $0.44 in Q2 2025.
- Board authorized a new $5 billion share repurchase program, totaling $5.7 billion authority.
- Quarterly cash dividend increased 8% to $0.14 per common share, effective March 2026.
- Net cash provided by operating activities for six months increased to $2.599 billion.
- Cash and cash equivalents increased to $1.007 billion as of June 30, 2026.
Price Impact
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